What is Zacks Research's Forecast for TriMas Q3 Earnings?

Key Points

• Zacks Research lowered its Q3 2027 EPS forecast for TriMas to $0.57 from $0.58. It also forecast EPS of $0.53 for Q4 2027, $0.48 for Q1 2028, and $0.55 for Q2 2028.
• TriMas last reported quarterly EPS of $0.50, beating the $0.48 consensus, and revenue of $178.74 million, above estimates. Revenue nevertheless fell 33.6% year over year.
• Analysts have a consensus “Moderate Buy” rating and an average price target of $41.50; three rate the stock Buy and one rates it Hold.

TriMas Corporation (NASDAQ:TRS - Free Report) - Equities research analysts at Zacks Research lowered their Q3 2027 earnings estimates for TriMas in a report released on Thursday, November 12th. Zacks Research analyst Team now expects that the industrial products company will post earnings per share of $0.57 for the quarter, down from their previous estimate of $0.58. The consensus estimate for TriMas' current full-year earnings is $1.67 per share. Zacks Research also issued estimates for TriMas' Q4 2027 earnings at $0.53 EPS, Q1 2028 earnings at $0.48 EPS and Q2 2028 earnings at $0.55 EPS.

TriMas (NASDAQ:TRS - Get Free Report) last released its quarterly earnings data on Thursday, October 29th. The industrial products company reported $0.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.02. TriMas had a net margin of 117.63% and a return on equity of 5.20%. The company had revenue of $178.74 million during the quarter, compared to the consensus estimate of $175.16 million. During the same period in the previous year, the firm earned $0.61 earnings per share. TriMas's revenue for the quarter was down 33.6% on a year-over-year basis.

A number of other brokerages have also recently weighed in on TRS. BWS Financial reaffirmed a "buy" rating and set a $45.00 price target on shares of TriMas in a research report on Monday, August 3rd. Wall Street Zen raised TriMas from a "sell" rating to a "hold" rating in a research report on Saturday, August 29th. Finally, Weiss Ratings raised TriMas from a "buy (b-)" rating to a "buy (b)" rating in a research report on Thursday, October 8th. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $41.50.

TriMas Stock Performance

Shares of TRS stock opened at $37.62 on Friday. The company has a current ratio of 5.44, a quick ratio of 5.03 and a debt-to-equity ratio of 0.28. The company has a market cap of $1.35 billion, a PE ratio of 22.94 and a beta of 0.62. The company's fifty day simple moving average is $38.79 and its 200-day simple moving average is $38.80. TriMas has a 52 week low of $30.43 and a 52 week high of $45.42.

Institutional Trading of TriMas

A number of hedge funds have recently made changes to their positions in TRS. Bank of America Corp DE boosted its stake in shares of TriMas by 1.7% in the first quarter. Bank of America Corp DE now owns 3,845,726 shares of the industrial products company's stock valued at $138,215,000 after purchasing an additional 62,802 shares during the period. Dimensional Fund Advisors LP grew its holdings in TriMas by 4.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,259,891 shares of the industrial products company's stock valued at $81,220,000 after purchasing an additional 91,003 shares in the last quarter. Royce & Associates LP purchased a new stake in TriMas during the 3rd quarter worth $28,686,000. Bank of New York Mellon Corp purchased a new stake in TriMas during the 2nd quarter worth $16,478,000. Finally, Arrowstreet Capital Limited Partnership increased its stake in TriMas by 56.4% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 357,387 shares of the industrial products company's stock worth $12,844,000 after buying an additional 128,811 shares during the period. Hedge funds and other institutional investors own 99.42% of the company's stock.

TriMas Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 12th. Shareholders of record on Thursday, November 5th were given a $0.04 dividend. The ex-dividend date of this dividend was Thursday, November 5th. This represents a $0.16 annualized dividend and a yield of 0.4%. TriMas's dividend payout ratio (DPR) is 0.66%.

TriMas Company Profile

TriMas Corporation is a diversified manufacturer of engineered products, serving customers in the packaging and aerospace industries. The company sells products to consumer, industrial and aerospace markets through its operating businesses. Its packaging business makes closures and dispensing systems used on containers for products such as food, beverages, personal care items and household goods. Its aerospace business manufactures fasteners and other components used in aircraft and aerospace applications.

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